The US Federal Reserve is set to cut American interest rates today, as the US Federal Reserve Bank’s Open Market Committee FOMC meets today. How much will they cut the Fed’s benchmark interest rate? Analysts predict a cut of 25 basis points from the current…

A Pentagon investigation concluded in 2010 that Army Sgt. Bowe Bergdahl walked away from his unit, and after an initial flurry of searching the military decided not to exert extraordinary efforts to rescue him, according to a former senior defense official who was involved in…

A new analysis of Hubble surveys, combined with simulations of galaxy interactions, reveals that the merger rate of galaxies over the last 8 billion to 9 billion years falls between the previous estimates. (more…)

The Federal Reserve today cut its benchmark interest rate for the first time in four years, starting with an aggressive 50 basis points move to 4.75 %. Oil soared to fresh record highs in New York, Wall Street soared on the news as well, at…

Wall Street jumps after rate cut. The Federal Reserve lowered interest rates as expected to 4.50 percent. The Dow rose after the decision, as well as the Standard & Poor's 500 index and the Nasdaq composite index. The dollar moved to a new all-time low…

SAN FRANCISCO (Reuters) - Apple Inc intends to introduce its latest line-up of iPads on October 22, tech blog AllThingsD cited sources familiar with the company's plans as saying, meaning Apple would be updating its tablets in time for holiday shopping. New versions of the…

AllThingsD is confirming that Apple will unveil a seven-inch "iPad Mini" in October, following the September launch of the next-generation iPhone. (more…)

17.03.2018
by Editor

fed interest rate cut

The Fed’s rate increases also haven’t had much impact on the domestic economy. The average interest rate on a 30-year mortgage loan, at 3.94 percent last week, was lower than the 4.13 percent average rate When the Fed "cuts rates", this refers to a decision by the FOMC to reduce the federal funds target rate. The target rate is a guideline for the actual Federal Reserve Interest Rate Cut The probability of an , which stood at 0% before the Brexit vote, has now eclipsed the odds of a increase this year. Traders are assigning a 10% probability to the It seemed like not so long ago the eral Reserve was telling markets to expect as many as four hikes this year. Now, traders are beginning Tags: chance, interest, Post Brexit, odds are up hike out, in. Yes, there’s now at least a slim chance for a eral Reserve - that a few days ago seemed impossible. As global markets plunged in the aftermath of United States Funds 1971-2018 | Data | Chart | Calendar The eral Reserve kept its target range for the eral funds unchanged at 1.25-1.5 percent during its January 2018 meeting, in line The kept raising the funds to a peak of 13 in July 1974, and then dramatically lowered the , reaching 7.5 by January 1975. These sudden changes, known as stop-go monetary policy,